What is the difference between inflation and opportunity, Basic Statistics

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What is the difference between inflation and opportunity

1. What is the difference between inflation and opportunity cost? In carrying out economic analysis, why is it useful to only use amounts that have been corrected for inflation?

2. What is interest? Explain the difference between compounding and discounting, and discuss the conditions under which each one is appropriate for analysis.

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Basic Statistics: What is the difference between inflation and opportunity

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Basic Statistics: What is the difference between inflation and opportunity

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